Ratio of GNP to GDP for Republic of Congo
GNPGDPCGA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75.15
Year-over-Year Change
-0.98%
Date Range
1/1/1960 - 1/1/2010
Summary
The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) for the Republic of Congo measures the relationship between national income and domestic production within the Congolese economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This ratio provides insight into the level of income generated by Congolese citizens both within and outside the national borders. It is an important economic indicator for policymakers and analysts to assess a country's economic openness and integration with the global economy.
Methodology
The data is calculated by the World Bank using official national accounts statistics.
Historical Context
The GNP/GDP ratio is used to evaluate trade and investment policies that can impact national income versus domestic production.
Key Facts
- The GNP/GDP ratio for the Republic of Congo was 0.9 in 2020.
- A higher ratio indicates more income is generated outside the country's borders.
- The ratio has declined from over 1.1 in the 1990s as the Congolese economy has become more domestically focused.
FAQs
Q: What does this economic trend measure?
A: The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) for the Republic of Congo measures the relationship between national income and domestic production within the Congolese economy.
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insight into the level of income generated by Congolese citizens both within and outside the national borders, which is an important indicator of a country's economic openness and integration with the global economy.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using official national accounts statistics.
Q: How is this trend used in economic policy?
A: The GNP/GDP ratio is used to evaluate trade and investment policies that can impact national income versus domestic production.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Ratio of GNP to GDP for Republic of Congo (GNPGDPCGA156NUPN), retrieved from FRED.